NOT LISTED FOR SALE

Estimated Value: $58,000 - $119,466

4 Beds
2 Baths
1,760 Sq Ft
$46/Sq Ft Est. Value

Last Sold January 23, 2024

Last sale price $48,000 $27 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $529/month

28 Days on Market

About This Home

As of January 2024

This 1,760 SF duplex offers an exceptional return. Apartment A is a 2 bedroom, one bath home on two levels. Apartment B is a one bedroom plus bath. Each unit has a main floor laundry hookup. Refrigerator and electric range are included in the efficiency one bedroom unit. The home is resting on a .121 acre lot with backyard space. CAP rate of approximately 17%.

Last Listed By

Jon Kindred

FC Tucker/Crossroads Real Estate Listed on: 12/08/2023

FC Tucker/Crossroads Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $603

Year Built

  • Built in 1900

Lot Details

  • 5,227

Parking

  • No Garage

Home Design

  • Duplex
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1.5-Story Property
  • Basement

Community Details

  • 2 Units
  • Insurance Expense $1,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$603

Year Built

Built in 1900

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 1219 S 18th St
  • Second Address Number: 1219
  • Estimated Year Built: 1900
  • Directions: From 3 and 38, E on 38, right on 15th St, left on Grand Ave, right on 18th St, property on right
  • E X E M P T: None
  • F I N A N C I N G O F F E R E D: Cash, Conventional, FHA, VA
  • Geo Address Line: 1219 S 18th St
  • Geo Longitude: -85.363262
  • Geo Primary City: New Castle
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • OFFICELIST_STATE: IN
  • Building Stories: 1.5
  • Number One Bed Units: 1
  • Number Two Bed Units: 2
  • Split Utilities: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Basement Type: Duplex

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Vinyl
  • Foundation: Basement
  • Roof Type: Asphalt, Shingle

Garage/Parking

  • Driveway: gravel
  • Garage Type: None

Utilities

  • Sewer: City
  • Hot Water: City
  • Insurance: 1100

Condo/Co-op/Association

  • Number of Units: 2

Fee Information

  • Tax Class: MULTI-FAMILY
  • Taxes: 603

Lot Info

  • Geo Update Timestamp: 2023-12-08
  • Land Contract: No
  • Lot Size: 5271

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2023
Closed on
Jan 19, 2024
Sold by
Lima Luna Sonia D
Bought by
Kindred David R
Seller's Agent
Jon Kindred
FC Tucker/Crossroads Real Estate
Buyer's Agent
Jon Kindred
FC Tucker/Crossroads Real Estate
List Price
$59,000
Sold Price
$48,000
Premium/Discount to List
-$11,000
-18.64%
Total Days on Market
28
Views
51
Current Estimated Value
$81,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,617
Avg. Annual Appreciation
11.80%

Purchase Details

Closed on
Jan 29, 2019
Sold by
Kissick Mark Benjamin
Bought by
F D Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,125
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 9, 2012
Sold by
Woolums John and Woolums Patsy
Bought by
Kissick Mark Benjamin

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kindred David R $48,000 Empire Title Services Inc
F D Property Llc -- In Title Company
Kissick Mark Benjamin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fd Property Llc $33,750
Previous Owner F D Property Llc $19,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2024 01/23/24 Sold $48,000 -9.4% $27 / Sq Ft
01/05/2024 01/05/24 Pending -- -- --
01/03/2024 01/03/24 Price Changed $53,000 -10.2% $30 / Sq Ft
12/08/2023 12/08/23 For Sale $59,000 -- $34 / Sq Ft
Source: Richmond Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $858 $42,900 $9,400 $33,500
2023 $880 $44,000 $9,400 $34,600
2022 $522 $26,100 $6,300 $19,800
2021 $464 $23,200 $6,300 $16,900
2020 $470 $22,400 $6,300 $16,100
2019 $458 $21,800 $6,300 $15,500
2018 $434 $20,700 $5,700 $15,000
2017 $430 $20,500 $5,700 $14,800
2016 $514 $24,300 $6,700 $17,600
2014 $518 $25,900 $8,300 $17,600
2013 $518 $25,100 $8,300 $16,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10047629

APN: 33-12-14-330-131.000-016